Cathie Wood Invests in Circle Amid Earnings Miss and Rising Momentum
Despite missing revenue estimates, shares of stablecoin issuer Circle (CRCL) surged after strong performance in digital dollar usage. Cathie Wood's Ark Invest added to its position during the rally on May 11 by purchasing $5.5 million worth of CRCL across multiple ETFs.
Tickers: $ARKF $ARKK $ARKW $CRCL
Topics: Ark Invest Cathie Wood Circle crypto earnings report